Palestine’s Economy
In an effort to achieve economic and financial stability the Palestinian
Authority (PA) is developing rigorous economic policies to encourage
investor confidence and ensure financial sources are managed
soundly. The PA has made significant progress in achieving these
objectives.
At present, Palestine is heavily dependent on the financial
assistance of the international donor community for rebuilding
its economic infrastructure. This has the benefit of permitting
the economy to develop faster and more transparently (given
International Donor stipulations and requirements for reporting)
than may otherwise be possible.
We thank the International Donor Community for their continuing
support of the Palestinian people.
Focused on Success:
Palestine has several advantages to draw upon to meet the many
challenges which face the economy. There is a well educated
human resource base; an abundance of entrepreneurial talent
and professional skills along with a resourceful private
sector; a large and relatively prosperous expatriate community;
and the absence of a crushing external debt and loss-making
public enterprises.
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